"Will and I have decided we were moving a little too fast," Aretha Franklin said in a statement Monday. "There were a number of things that had not been thought through thoroughly."

What she had thought through quite thoroughly was the ceremony itself. Shortly after New Year's, Franklin told the media that she was considering a summer wedding in Miami, a Vera Wang (or Valentino or Donna Karan) dress, and a reception on a private yacht.

Rock Stars: Then and Now

It's not clear if the 69-year-old has cut ties with her beau completely.

"We will not comment on it any further because of the very personal and sensitive nature of it. We appreciate all of the many well wishes from friends."